NOT LISTED FOR SALE

2896 E Arrowhead Trail Unit 61 Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $1,619,000 - $2,208,000

0.81 Acre
$2,463,309 Price per Acre
35,284 Sq Ft Lot

Last Sold August 11, 2014

Last sale price $200,000

Est. 898% increase in value since last sale

Current estimated payment $11,147/month

6 Days on Market

Highlights

  • Gated Community
  • Coronado Elementary School Rated A
  • 0.81 Acre Lot

About This Lot

As of August 2014

Incredible opportunity to purchase a prime, over 3/4 Acre lot in the luxury, gated community of Weston Ranch! This great North/South Exposure lot is ready to have your dream home built on it! Eight Different Lots Available! All Builders Welcome!

Last Agent to Sell the Property

John Karadsheh

KOR Properties License #BR535564000 Listed on: 07/05/2014

Co-Listed By

Christina Ovando

KOR Properties License #SA016295000

Last Buyer's Agent

Mark Young

Gentry Real Estate License #SA023923000

Gentry Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,533

Lot Details

  • 0.81 Acre Lot
  • Block Wall Fence
  • Property is zoned R-15

HOA Fees

  • $162 Monthly HOA Fees

Eco-Friendly Details

  • North or South Exposure

Schools

  • Coronado Elementary School
  • Williams Field High School

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 304-59-585

Community Details

Overview

  • Weston Ranch Association, Phone Number (602) 437-4777
  • Weston Ranch Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,533

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Cross Street: HIGLEY & QUEEN CREEK
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R-15
  • Tax Year: 2013
  • Lot Size Acres: 0.81
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: tppp01
  • Co List Office Phone: 480-355-4700
  • Subdivision Name: WESTON RANCH
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gated Community, North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 162.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 602-437-4777
  • HOA Transfer Fee: 400.0
  • Association Fee: 162.0
  • Association Fee Frequency: Monthly
  • Association Name: Weston Ranch
  • Phone: 602-437-4777
  • Association: Yes

Schools

  • Elementary School: Coronado Elementary School
  • High School: Williams Field High School
  • Middle Or Junior School: Coronado Elementary School

Lot Info

  • Lot Size: 242x146
  • Lot Size Sq Ft: 35308.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 304-59-585
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1533.0
  • Tax Book Number: 304.00
  • Tax Lot: 61
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2020
Sold by
Aim Realty Of Az Llc
Bought by
Verrette Natalie Marie and Verrette Danny
Current Estimated Value
$1,995,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,144,000
Outstanding Balance
$1,015,224
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$980,056

Purchase Details

Closed on
Apr 19, 2019
Sold by
The Ozment Family Trust
Bought by
Aim Realty Of Az Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 5, 2014
Closed on
Aug 6, 2014
Sold by
Johnson Billy G
Bought by
The Ozment Family Trust
Seller's Agent
John Karadsheh
KOR Properties
Buyer's Agent
Mark Young
Gentry Real Estate
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.38%

Purchase Details

Closed on
Mar 5, 2009
Sold by
Weston Ranch Development Llc
Bought by
Johnson Billy G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Verrette Natalie Marie $1,430,000 Equity Title Agency Inc
Aim Realty Of Az Llc $290,000 Equity Title Agency Inc
The Ozment Family Trust $200,000 Security Title Agency
Johnson Billy G $921,288 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verrette Natalie Marie $1,144,000
Previous Owner Aim Realty Of Az Llc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2014 08/11/14 Sold $200,000 0.0% --
07/10/2014 07/10/14 Pending -- -- --
07/04/2014 07/04/14 For Sale $200,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,368 $76,926 -- --
2024 $6,739 $73,262 -- --
2023 $6,739 $133,500 $26,700 $106,800
2022 $6,457 $99,250 $19,850 $79,400
2021 $6,522 $91,720 $18,340 $73,380
2020 $1,965 $32,715 $32,715 $0
2019 $1,911 $26,820 $26,820 $0
2018 $1,840 $25,470 $25,470 $0
2017 $1,781 $24,105 $24,105 $0
2016 $1,795 $23,940 $23,940 $0
2015 $1,674 $21,824 $21,824 $0
Source: Public Records

Agents Affiliated with this Home

  • John Karadsheh

    Seller's Agent in 2014

    John Karadsheh

    KOR Properties

    (602) 615-0843

    1 in this area

    120 Total Sales

    John Karadsheh
    Section Image

  • C

    Seller Co-Listing Agent in 2014

    Christina Ovando

    KOR Properties

    (602) 684-5737

    Christina Ovando
    Section Image

  • M

    Buyer's Agent in 2014

    Mark Young

    Gentry Real Estate

    (602) 329-4464

    12 Total Sales

    Mark Young
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5140186

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-59-585

Arizona Maricopa County Gilbert 85297 Higley

2896 E Arrowhead Trail Unit 61, Gilbert, AZ

Not Listed for Sale

Lots

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Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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